STMicroelectronics N.V. (STM) Reports In-Line Q2 EPS

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Go back to STMicroelectronics N.V. (STM) Reports In-Line Q2 EPS

STMicroelectronics Reports 2015 Second Quarter and First Half Financial Results

July 23, 2015 1:35 AM EDT

Second quarter net revenues and gross margin improved sequentially to $1.76 billion and 33.8%, respectively Distribution channel sales increased to 33% of net revenues in the second quarter Free cash flow positive swing of $244 million to $94 million in the first half of 2015*

GENEVA, July 23, 2015 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the second quarter and first half ended June 27, 2015.

Second quarter net revenues totaled $1.76 billion, gross margin was 33.8% and... More